HUB Investment Partners LLC Has $2.40 Million Stake in Chipotle Mexican Grill, Inc. (NYSE:CMG)

HUB Investment Partners LLC boosted its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 65.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,759 shares of the restaurant operator’s stock after buying an additional 15,665 shares during the period. HUB Investment Partners LLC’s holdings in Chipotle Mexican Grill were worth $2,397,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC increased its holdings in Chipotle Mexican Grill by 1.6% in the third quarter. Geode Capital Management LLC now owns 28,080,978 shares of the restaurant operator’s stock valued at $1,612,682,000 after purchasing an additional 438,007 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Chipotle Mexican Grill by 2.9% during the third quarter. Franklin Resources Inc. now owns 13,661,937 shares of the restaurant operator’s stock worth $805,692,000 after buying an additional 381,873 shares during the period. Alphinity Investment Management Pty Ltd acquired a new position in Chipotle Mexican Grill during the fourth quarter valued at approximately $692,701,000. Janus Henderson Group PLC boosted its position in Chipotle Mexican Grill by 5.6% during the third quarter. Janus Henderson Group PLC now owns 9,830,644 shares of the restaurant operator’s stock valued at $566,439,000 after purchasing an additional 518,521 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Chipotle Mexican Grill by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,488,635 shares of the restaurant operator’s stock valued at $511,865,000 after purchasing an additional 288,266 shares during the last quarter. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Performance

CMG opened at $49.00 on Friday. The stock has a market cap of $66.41 billion, a price-to-earnings ratio of 44.14, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.55 and a fifty-two week high of $69.26. The firm’s fifty day moving average is $54.69 and its 200 day moving average is $57.71.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. On average, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Analyst Ratings Changes

CMG has been the topic of several research analyst reports. KeyCorp dropped their price objective on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Loop Capital raised Chipotle Mexican Grill from a “hold” rating to a “buy” rating and increased their price target for the stock from $58.00 to $65.00 in a research report on Friday, March 14th. Wells Fargo & Company reduced their price target on Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. JPMorgan Chase & Co. reduced their target price on Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Truist Financial raised their price objective on Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Eight research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $66.67.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.